
OCK Group Bhd’s financial performance for the first half of 2024 fell short of expectations, driven by lower revenue in its Telco Network Services (TNS) segment. The company reported a 2Q24 core profit after tax and minority interests (PATAMI) of RM7.6 million, marking a decrease of 26% year-on-year and 25.5% quarter-on-quarter. This brought the 1H24…
OCK Group Faces Revenue Setbacks, Analysts Lower Targets Amid Weaker 5G Rollout
Leave a comment